1. Mr. Teves bought a property on sale with a P200,000 down payment and twelve equal monthly payments of P10,000 each. If the first payment starts six months after the down payment at 3% compounded monthly, how much is the worth of the property? ,
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Hello, Please answer this problem and show the cash flwo diagram, Thank you
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- if mr. rankie bought a piece of property for 100000 pesos down payment and 10 deferred semi-annually payments of 8000 pesos starting 3 years from now. If the interest rate is 12 percent compounded semiannually, what is the present worth of the property?solutionMr. Jimenez buys a parcel of land worth P550,000. He pays a P50,000 down payment and the remaining balance is to be paid at the end of each month for 25 years with an interest of 9%, compounded monthly. Find the following: a. Amount of monthly installment. P b. Remaining liability at the end of 10.5 years. P c. Total amount paid for the parcel of land. P d. Total interest paid. P "Questions c and d don't require special formula. Anyone who doesn't have background in Business Math can easily solve these problems.Can you show complete solutions for the first three questions?
- Mr. Dela Cruz bought a piece of property for P100,000 down payment and a 10 deferred semiannual payments of P8,000 starting 3 years from now. If the interest is 12% compounded semi-annually, what is the present worth of property? P152,444.05 P143,999.08 O P166,888.01 P148,555.02Edwill just purchased a new home costing R1107900,00 by paying R120000,00 cash on the purchase date, and agreeing to make payments at the end of the following eight years for the remainder owed; the first payment is due one year after the purchase date. The interest rate is 7,4 % per annum,compounded yearly. Considering the amortisation schedule, the percentage rounded to two decimal places, of the total payments made the first two years that will go forward repayment of interest, isJunly bought a lot in Conel as his investment. The owner sell it for P^(10),000 down payment plus 99,000 quarterly installment for 7 years. What is the fair market value of the lot when money can earn 9% compounded monthly?
- Edwill just purchased a new home costing R1 107 900,00 by paying R120 000,00 cash on the purchase date, and agreeing to make payments at the end of each of the following eight years for the remainder owed; the first payment is due one year after the purchase date. The interest rate is 7,4% per annum, compounded yearly. This is illustrated by the following timeline: years 0 7.4% per annum, compounded annualy Considering the amortisation schedule, what is the percentage, rounded to two decimal places, of the total payments made in the first two years that will go toward repayment of interest?A man purchased on monthly installment a P100,000 worth of land. The interest rate is 12% nominal and payable in 20 years. What is the monthly amortization?Edwill just purchased a new home costing R1 107 900,00 by paying R120 000,00 cash on the purchase date, and agreeing to make payments at the end of each of the following eight years for the remainder owed; the first payment is due one year after the purchase date The interest rate is 7,4% per annum, compounded yearly. This is illustrated by the following time line: 3 6. yeans 0 7,4% per annum, compounded annualy Considering the amortisation schedule, the percentage, rounded to two decimal places, of the total payments made the first two years that will go toward repayment of interest, is A. 41,42%. B. 58,58%. C. 70,71%. D. 43,51%.
- A man buys a house for $330,000. He makes a $150,000 down payment and amortizes the rest of the purchase price with semiannual payments over the next 10 years. The interest rate on the debt is 8%, compounded semiannually.(a) Find the size of each payment.$ (b) Find the total amount paid for the purchase.$ (c) Find the total interest paid over the life of the loan.$3. Mr. Ramirez borrowed P150,000 to be amortized in 2 years by monthly equal payments. If Mr. Ramirez missed the payments during the first year, what amount must he pay in the following month to liquidate all his indebtedness if money worth 12%?Ancog purchased a parcel of land somewhere in Brgy Tignapoloan. She paid P150,000 for the down payment and agreed to pay P20,000 every 3 months for the succeeding 10 years. Assuming that the seller’s interest is at 10% compounded quarterly. What was the cash price of the lot? If Engr. Ancog was not able to pay for the first 12 payments, what amount should she pay at the time the 13th is due to bring her payments updated? After paying for 8 payments, Engr. Ancog wants to pay the entire remaining amount by a single payment at the time when the 9th regular payment will be due. How much should she pay including her 9th payment? If Engr. Ancog failed to pay her first 10 payments, how much should she pay when the 11th payment is due to pay her entire debt?